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Signage at the Broadcom Inc. headquarters in San Jose, California, U.S., on Monday, June 2, 2025. David Paul Morris | Bloomberg | Getty Images The sell-off in artificial intelligence stocks continued unabated Friday stateside. Broadcom shares tumbled more than 11% as investors grew concerned over lower margins and uncertain deals. Names such as Nvidia, Advanced Micro Devices and Oracle fell in sympathy, which caused major U.S. indexes to close lower.It was a motif patterning the week. Even though the Dow Jones Industrial Average rose 1.1% week on week on the back of outperformance by financial stocks, tech names dragged down…

The top stories and transfer rumours from Monday’s newspapers…Premier LeagueRuben Amorim admits he does not deserve the respect or support of his critics among the Class of ’92 because he is under performing as Man Utd head coach – The Times Ruben Amorim has told Kobbie Mainoo to knock on his door and tell him if he wants to leave Manchester United next month – Daily Express Pep Guardiola toasted a fifth straight win in all competitions and then warned that Manchester City’s new generation can become legends of the club – Daily Star Spreaker This content is provided by…

KUWAIT, Dec 15: 1821 — Britain’s trade agency moved its offices from Basra, Iraq, to Kuwait until April 1822.1959 — The Supreme State Council, which ran the affairs of Kuwait, formed a committee to document Kuwait’s history since its establishment. The committee consisted of Abdulhameed Al-Sane, Nesf Al-Nesf, Mohammad Al-Otaibi, Ahmad Al-Bisher and Bader Al-Bader.1960 — Kuwait submitted its membership documents to the Arab League Economic Council.1961 — The Iraqi regime seized 10 Kuwaiti vessels at Basra Port and forced their skippers to replace the vessels’ documents with Iraqi papers. Iraqi ruler Abdulkareem Qassem also froze Kuwaiti funds in Iraqi…

Flags for the European Union members stand during a ceremony to lay a cornerstone for the new European Central Bank (ECB) headquarters in Frankfurt, Germany.Hannelore Foerster | Bloomberg | Getty ImagesLONDON — European stocks were in positive territory at the start of a busy week for Europe’s central banks.The pan-European Stoxx 600 was up 0.8% shortly after 12:00 p.m. in London (7:00 a.m. ET), with most sectors and major bourses in the green.It’s a busy week for investors in Europe with the European Central Bank’s final policy meeting of the year on Thursday, when the bank is expected to keep…

Yoon Suk Yeol, South Korea’s president, arrives for a hearing at the Constitutional Court of Korea in Seoul, South Korea, on Tuesday, Jan. 21, 2025. Bloomberg | Bloomberg | Getty ImagesTo justify a case for martial law, former President Yoon Suk Yeol tried to provoke neighboring North Korea into taking military action, South Korean prosecutors alleged Monday, according to domestic media. Speaking to reporters, special counsel Cho Eun-suk said that Yoon and his military commanders tried to lure North Korea into mounting an armed aggression against the South, but this failed as Pyongyang did not resort to military force. Cho and…

China’s first flight of the Jiutian drone carrier signals a shift toward massed, long-range swarm warfare that could expose Taiwan, US warships and vulnerable Pacific airbases to saturation attacks built on sheer numbers rather than stealth. The test, conducted this month in Shaanxi Province, marked a significant step in China’s push toward airborne swarm warfare and long-range unmanned surveillance, according to multiple media reports. The aircraft, first unveiled at the Zhuhai Airshow in November 2024, is designed to act as an airborne mothership capable of launching more than 100 smaller drones or loitering munitions during a single mission. With a…

SYDNEY (AP) — A father and son are suspected by officials to have killed 15 people on a popular Australian beach, shocking a country where gun violence is rare. The government on Monday, a day after the shootings, proposed tougher new gun laws amid criticism that officials didn’t take seriously enough a string of antisemitic attacks.Here’s a look at what to know from the attack at Bondi Beach: The suspects attacked a Jewish beachside gatheringLittle is known about the suspects in the attack on Sydney’s famous Bondi Beach, but there was widespread shock when officials said that the two men…

PRAGUE (AP) — A new Czech coalition government led by populist billionaire Andrej Babiš took office on Monday with an agenda to steer the country away from supporting Ukraine and reject some key European Union policies.President Petr Pavel swore in the Cabinet at the Prague Castle, ending a pro-Western coalition under former Prime Minister Petr Fiala that made the country a staunch supporter of Ukraine and a haven for hundreds of thousands Ukrainian refugees.Babiš, previously prime minister in two governments from 2017-2021, and his ANO, or YES, movement, won big in the country’s October election and agreed to form a…

LONDON (AP) — The new head of the MI6 spy agency is set to warn on Monday of how Russian President Vladimir Putin’s determination to export chaos around the world is rewriting the rules of conflict and creating new security challenges.Blaise Metreweli will use her first public speech as chief of the United Kingdom’s foreign intelligence service to say that Britain faces increasingly unpredictable and interconnected threats, with emphasis on “aggressive, expansionist” Russia.“The export of chaos is a feature not a bug in the Russian approach to international engagement, and we should be ready for this to continue until Putin…

SEOUL, South Korea (AP) — South Korea’s ousted conservative President Yoon Suk Yeol plotted for over a year to impose martial law to eliminate his political rivals and monopolize power, investigators concluded Monday. Yoon’s martial law decree in December 2024 lasted only several hours and resulted in his rapid downfall.Independent counsel Cho Eun-suk, who announced the six-month probe’s result, also accused the former president and his military allies of ordering operations against North Korea, in a deliberate bid to stoke tensions and justify his plans to declare martial law. Despite the lack of a serious response from North Korea, Cho…